Solana Eyes Further Gains After 1.54% Surge, $SOL Key Levels at Hand

Solana ($SOL) has seen a price upsurge of up to 1.54% during the past 24 hours. This price increase comes after the slight rise witnessed yesterday. Hence, Solana ($SOL) is gradually moving upward, indicating solid investor confidence and additional price jumps.

$SOL Price Value

At present, the price of Solana ($SOL) is moving around $130.68. this price level indicates a surge of up to 1.54% over the recent twenty-four hours. Before this, $SOL was changing hands at nearly $129.04. Hence, the latest price jump has successfully pushed $SOL above the psychological level of $130. Now, it is highly probable for $SOL to make further uptrends shortly.

Statistical Data:

• Market Cap: $SOL currently accounts for $66,657,731,140.34 in market capitalization
• Volume: The 24-hour volume of $SOL stands at $1,386,819,306.8
• Supply: $SOL’s cumulative and circulating supply account for 596,788,715.21 SOL and 510,617,652.17 SOL respectively

$SOL Price Analysis:

$SOL’s latest 24-hour candle started with its price hovering around $129.3. subsequently, with slight fluctuations it rose to the height of $131.57. This significant price rise was provisional and led to a continuous decline. As a result of this, the price plunged to $128.69. Nonetheless, this decrease triggered another rebound, leading $SOL to $130.21. Like before, $SOL again slumped to $128.22 but then again surged. Following that, a gradual price increase has placed its price at the present level of $130.68.

Over the past 24 hours, $SOL went through a 1.54% price increase. Despite the fluctuations, $SOL’s effective maintenance of this price rise signifies its substantial potential to reach new heights.

$SOL Support and Resistance Levels:

Based on the present market statistics, the immediate price resistance for $SOL stands at $131.57. Nonetheless, a successful surge above this level could expose $SOL to the 2^nd and 3^rd resistance levels at $152.77 and $178.63 respectively.

Contrarily, $SOL has a strong price support at $128.22. Following that, $121.94 and $113.18 offer 2^nd and 3^rd support levels respectively.

$SOL Price Prediction

With a 1.54% price increase, Solana ($SOL) has gained positive sentiment among the investors. In line with this $SOL could reach the price target of up to $142.21 within a month. This price level accounts for a 10.75% price upsurge over the upcoming 30 days.